RENTED DEC 16, 2025

235 Spring St Unit 4 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $547,300 - $670,000

2 Beds
1 Bath
735 Sq Ft
$846/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2019

Last sale price $342,000 $465 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,668 / mo

Highlights

  • Water Views
  • Shops
  • Baseboard Heating
  • No HOA
  • Property near a hospital
  • 3-minute walk to Aquidneck Park

About This Home

As of December 2025

YEARLY RENTAL WITH PARKING, LAUNDRY, ROOFDECK ACCESS - Available November 1, 2025. Located in the heart of downtown Newport, this two-level, 2-bedroom, 1-bath townhouse-style apartment combines historic charm with modern convenience. The sun-filled living space features wide-plank hardwood floors and a bay window, while both bedrooms are tucked away upstairs for privacy. Enjoy the ease of in-unit laundry, two off-street parking spaces, and shared rooftop deck access with sweeping city views. Just steps from Thames Street, the waterfront, restaurants, shops, and Newport's cultural landmarks, this unit offers a true walk-to-everything lifestyle.

Last Agent to Rent the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 09/08/2025

Last Renter's Agent

Nicholas Myers

Edge Realty RI License #RES.0048347

Property Details

Home Type

  • Apartment

Year Built

  • 1900

Interior Spaces

  • 735 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 11/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 235SPRINGST4NEWP

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Restaurant

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Year Built

1900

Lot Details

0 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-11-01
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 735.0
  • Structure Type: Apartment
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Living Area: 735.0

Exterior Features

  • View: Saltwater, Water
  • View: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Hospital, Restaurant, Shopping
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Parking, Snow Removal
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 235SPRINGST4NEWP

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Mar 25, 2020
Sold by
Bought by
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Angelica Cagley
Keller Williams Coastal
Sold Price
$1,850
Current Estimated Value
$622,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,225

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 25, 2019
Sold by
Bought by
Seller's Agent
Alisha Juzapavicus
Warner Realty Group
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$273,600
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$342,000 --
$207,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $273,600
Previous Owner $166,000
Previous Owner $166,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 Rented $2,200 -12.0% --
10/25/2025 10/25/25 Off Market $2,500 -- --
10/22/2025 10/22/25 For Rent $2,500 0.0% --
10/10/2025 10/10/25 Price Changed $2,500 -10.7% $3 / Sq Ft
09/08/2025 09/08/25 For Rent $2,800 +12.0% --
03/26/2023 03/26/23 Rented $2,500 0.0% --
02/23/2023 02/23/23 For Rent $2,500 +8.7% --
03/14/2022 03/14/22 For Rent $2,300 0.0% --
03/14/2022 03/14/22 Rented $2,300 +24.3% --
03/16/2020 03/16/20 For Rent $1,850 0.0% --
03/16/2020 03/16/20 Rented $1,850 0.0% --
04/30/2019 04/30/19 Sold $342,000 -2.3% $465 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $350,000 0.0% $476 / Sq Ft
09/13/2015 09/13/15 Rented $1,400 -6.7% --
08/14/2015 08/14/15 Under Contract -- -- --
08/13/2015 08/13/15 For Rent $1,500 -- --
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,700 $425,800 $0 $425,800
2024 $3,677 $447,300 $0 $447,300
2023 $2,937 $296,100 $0 $296,100
2022 $2,846 $296,100 $0 $296,100
2021 $2,763 $296,100 $0 $296,100
2020 $2,302 $223,900 $0 $223,900
2019 $2,302 $223,900 $0 $223,900
2018 $2,237 $223,900 $0 $223,900
2017 $2,510 $223,900 $0 $223,900
2016 $2,447 $223,900 $0 $223,900
2015 $2,389 $223,900 $0 $223,900
2014 $2,542 $210,800 $0 $210,800
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Landlord's Agent in 2025

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    12 in this area

    130 Total Sales

    Alex Fraioli
    Section Image

  • N

    Tenant's Agent in 2025

    Nicholas Myers

    Edge Realty RI

    Section Image

  • A

    Seller's Agent in 2023

    Alex Nunes

    SERHANT.

    (401) 316-5083

    23 Total Sales

    Alex Nunes
    Section Image
  • Karen Dill

    Buyer's Agent in 2022

    Karen Dill

    Homes By Connect

    (401) 741-2541

    27 Total Sales

    Karen Dill
    Section Image

  • A

    Buyer's Agent in 2020

    Angelica Cagley

    Keller Williams Coastal

  • Alisha Juzapavicus

    Seller's Agent in 2019

    Alisha Juzapavicus

    Warner Realty Group

    (631) 338-1771

    36 Total Sales

    Alisha Juzapavicus
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1394594

State-Wide MLS

APN: NEWP-000027-000085-000004

Rhode Island Newport County Newport 02840 Historic Hill

235 Spring St Unit 4, Newport, RI

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